FISZX Fees and Costs — Fidelity SAI International SMA Completion Fund
Data updated: 2026-09-23
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $943K in broker commissions, 0.0892% of average net assets, and portfolio turnover was 52%.
FISZX Fees and Expenses
Annual operating expenses and sales charges of FISZX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FISZX Costs Over Time
On $10,000 invested in FISZX, assuming 5% a year before costs, total costs come to $57 over 5 years, cutting the return by 0.09% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $9 | $29 | $52 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $31 | $57 |
| Value after costs | $10,491 | $11,545 | $12,706 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
FISZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0892%
- Total broker commissions: $943K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 52%
- Securities on loan, average value: $6.6M
- Net income from securities lending: $9K (0.001% of average net assets)
FISZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $130K | 16.61% |
| UBS GROUP AG | $109K | 13.86% |
| BANK OF AMERICA CORPORATION | $98K | 12.53% |
| GOLDMAN SACHS GROUP INC (THE) | $94K | 12.03% |
| JPMORGAN CHASE and CO | $76K | 9.64% |
| MORGAN STANLEY | $74K | 9.45% |
| JEFFERIES FINANCIAL GROUP INC | $73K | 9.35% |
| VIRTU FINANCIAL INC | $52K | 6.61% |
| NOMURA HOLDINGS INC | $41K | 5.29% |
| TP ICAP GROUP PLC | $36K | 4.64% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.